09/09/2019 Lloyds is putting aside an extra £1.2bn to £1.8bn to cover a surge in PPI claims in the run-up to last month’s deadline, taking the total bill for the mis-selling scandal to more than £20bn. As a result, the bank will suspend a planned £1.75bn share buyback. In the month leading up to the …
Sigue leyendo «Lloyds expects another near £2bn hit from surprise jump in PPI claims»
11/09/2019 The fresh round of PPI hits flagged by RBS, Virgin, and Co-op were always going to serve as hors d’oeuvres to Lloyds. The main course has proven harder to stomach than anyone could have expected: a late spike in claims that could cost the bank up to £1.8bn. Complaints had been running at just under …
10/sep/2019 The return of tariffs in the event of a no-deal Brexit will make many foods and other imports more expensive, but alcohol and cigarettes will become cheaper – provided you buy them on your way to the EU or in a duty-free shop on the continent. The Treasury announced on Tuesday that duty-free shopping for those products will be reintroduced …
11/sep/2019 It: Chapter Two has had, shall we say, mixed reviews. You can at least partly blame the business of moviemaking for that. The first outing for Pennywise, the world’s favourite frightening clown, was produced for just $35m (£28.4m) and went on to gross in excess of $700m, making it one of the most profitable films of …
Sigue leyendo «The horrors of Hollywood financing will mean the return of Pennywise the clown»
11/sep/2019 Workers at BMW’s Oxford plant which makes Minis will be left without pay for at least two weeks if a no-deal Brexit results in major disruption of its operations. The company is prepared to close the site from 31 October and send its 4,500 staff on unpaid leave, chief financial officer Nicolas Peter told the Financial Times. The …
11/sep/2019 Councils across England and Wales sent 2.6 million debts to bailiffs in 2018-19, a 7 per cent rise on the year before, according to analysis. The Money Advice Trust (MAT), which runs National Debtline and Business Debtline, found a huge surge in the use of use in bailiffs to chase parking fines The charity made the findings after receiving …
Sigue leyendo «Surge in councils using bailiffs to chase debts, including parking fines»
06/sep/2019 ‘Vast inequality’ shows ‘British housebuilding industry is broken’, says MP Chris Baynes 5 days ago Property giants have been accused of rewarding bosses for “exacerbating the housing crisis” after spending £63.6m on chief executive pay last year while sitting on more than 470,000 unused plots of land. The chief executives of Britain’s 10 biggest …
29/Ago/2019 If you suspect you’ve been missold PPI, you have until 11:59pm tonight to put in a claim. The process is simple and compensation can run into hundreds of pounds. Products that commonly came with PPI include loans, mortgages, credit cards or store cards. Go here to search for banks and other companies that pushed the infamous …
Sigue leyendo «PPI deadline: How to claim money back before midnight»
06/sep/2019 Drivers risk paying hundreds of pounds more than they need to for car insurance due to a number of quirks in how insurers and comparison websites collect data, according to an investigation. Differences between questions asked by car insurance comparison sites and individual insurers – and the resulting assumptions made by the insurers – can substantially …
Sigue leyendo «Married? Your car insurance could be cheaper»
30/Ago/2019 Bank of Mum and Dad lending soars in 2019 Kate HughesMoney Editor @hughesthehack Friday 30 August 2019 15:48 Shelling out a staggering £6.3bn in 2019 alone, parents would be one of the 10 biggest mortgage lenders in the UK were they grouped as a financial institution. This year, despite a slowing property market and only …
Sigue leyendo «Parents risk pensioner poverty to get children on the property ladder, experts warn»
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